New York Report: Shares drop as stalemate in DC lingers on October 3, 2013 US STOCKS dropped yesterday as investors worried that a budget stalemate in Congress would become entangled with much more critical legislation to raise the federal borrowing limit. The standoff between congressional Democrats and Republicans to pass an emergency funding bill, which has led to a third day of a partial US government shutdown, continued with [...]
Energy innovation is stagnating and the implications for growth are stark October 3, 2013 EVERY day seems to bring better websites, cooler startups and niftier smartphones. But there’s one area where technological progress is barely crawling along. Unfortunately, it’s one race we cannot afford to lose. I’m talking, of course, about energy. To get an idea of the problem we face, consider two stories from last week: Ed Miliband’s [...]
The Long View: Why brief can be beautiful when you’re trying to make your first billion October 3, 2013 SIZE isn’t everything. Some of the best ideas are short. But formal publication, beyond social media’s throwaway pithiness, is hopelessly garrulous. There should be more to judging the intellectual pastry than seeing how thin it can be rolled. Yet to be taken seriously, it seems thoughts today must first be eked out into essays and [...]
Debt ceiling crisis is just a symptom of America’s dire fiscal recklessness October 3, 2013 US SENATE majority leader Harry Reid said on the floor of the Senate last month that “anarchists” had taken over the House of Representatives. While of course nonsense, Reid highlighted the deeply partisan nature of fiscal debates in Washington DC since the 2010 elections. These saw Tea Party Republicans voted in on a platform of [...]
Letters to the Editor – 04/10 – Business growth, Stamp duty, Best of Twitter October 3, 2013 Business growth [Re: Cameron needs growth gazelles to bring life to his land of opportunity, yesterday] The Prime Minister’s gazelles will find it difficult to leap with elephants in the room. Indeed, our recent research looked in depth at certain features of over 250 companies – around 54 per cent with no serious financial issues and [...]
Filthy, dirty and great fun October 3, 2013 FILM FILTH Cert 18 | By Steve Dinneen Three Stars Adaptations of Irvine Welsh novels, like Irvine Welsh novels, have gone downhill since Trainspotting. The Acid House (1998) had a flawed, lunatic charm but Ecstasy (2011) was little more than an anemic homage to Danny Boyle’s more famous Edinburgh romp. Filth – based on a [...]
Where to Drink: A new opening from the owners of Bodo’s and a slice of Indian chic in the middle of Mayfair October 3, 2013 SEPTEMBER witnessed a number of high-end clubs and bars launching across London and the Westbury Hotel has bragging rights to one such venue. No 41 is nestled underneath the newly Michelin-awarded Brasserie Chavot and accessed through a street-side entrance. The nightclub is a plush amalgam of self-aware opulence, with a design scheme replete with grand [...]
Hodgson tells off-form Hart England place not in danger October 3, 2013 ENGLAND manager Roy Hodgson has vowed to keep faith with goalkeeper Joe Hart for the conclusion of the World Cup qualifying campaign despite growing concerns about his substandard form. Hart, 26, was twice beaten at his near post in Manchester City’s 3-1 defeat to Bayern Munich on Wednesday and has made other costly errors for [...]
Qatar World Cup chief compares criticism to JFK conspiracy theory October 3, 2013 QATAR’S 2022 World Cup chief last night insisted there was no danger of the country being stripped of its right to host the competition and compared controversies plaguing the bid to conspiracy theories surrounding the death of JFK. Hassan al-Thawadi declared the World Cup infrastructure was not “being built on the blood of innocents”, in [...]
Legends renew rivalries in 2003 cup final replay October 3, 2013 LIMBS may be wearier and a million fans will not throng the streets to laud the winners, but the 2003 Rugby World Cup re-run has still got England hero Jason Leonard excited. Leonard, the Red Rose’s most capped player, is among the greats marking the 10th anniversary of that triumph by playing in the England [...]